Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
March 2019

                                                          Corporate
                                                        Presentation

A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud
Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Forward Looking Statements
     This material includes “forward-looking” statements or information within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform
     Act of 1995. Forward-looking statements relate to future events or the anticipated performance of Nexus Gold Corp. (“the Company” or “Nexus”) and reflect management’s
     expectations, objectives or beliefs regarding such future events and anticipated performance. In certain cases, forward-looking statements can be identified by the use of words
     such as “further” “suggests”, “further evidence”, “potentially”, “possibly”, “indicates” or variations of such words and phrases or statements that certain actions, events or results
     “may”, ”could”, “would”, ”might”, or “will be taken”, “occur” or “be achieved”, or the negative of these words or comparable terminology. Forward looking statements rely on a
     number of assumptions which management believes to be reasonable, including assumptions regarding the Company’s ability to obtaining necessary financing, personnel,
     equipment and permits to complete its proposed exploration plans, and to identify additional gold properties for exploration. By their very nature forward-looking statements
     involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially different from any anticipated
     performance expressed or implied by the forward-looking statements. Such factors include various risks related to the Company’s operations, including, without limitation,
     fluctuations in spot and forward markets for gold and other metals, fluctuations in currency markets, changes in national and local governments in Nevada and generally, the
     speculative nature of mineral exploration and development, risks associated with obtaining necessary operating and environmental permits, the presence of laws and changes in
     regulations that may impose restrictions on mining, limitations in respect of management time and resources, lack of personnel and equipment necessary to carry out the
     Company’s proposed exploration and development and other delays (including in obtaining financing) which could result in the Company missing expected timelines, and the
     fact that the Company may not be able to identify additional mineral properties for acquisition or option on acceptable terms. Although the Company has attempted to identify
     important factors that could cause actual performance to differ materially from that described in forward-looking statements, there may be other factors that cause its performance
     not to be as anticipated. The Company neither intends nor assumes any obligation to update these forward-looking statements or information to reflect changes in assumptions
     or circumstances other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future
     events could differ materially from those currently anticipated. The information contained in this document is drawn from sources believed to be reliable, but the accuracy and
     completeness of the information is not guaranteed, nor does the Company assume any liability. The Company disclaims all responsibility and accepts no liability (including
     negligence) for the consequences for any person acting, or refraining from acting, on such information. This document is neither an offer nor the solicitation of an offer to sell or
     purchase any investment. Any unauthorized use, disclosure, distribution or copying of this document by anyone other than the intended recipient is strictly prohibited.

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Positioned for Success

                         Silver Cloud                Strategy
          A large, uniquely situated 4,537 hectare   Anchored by a seasoned Board
                      (11,210 acres) land package    and Management

          Within north-central Nevada, the richest   Intent on unlocking value and opportunity
               gold mining area in North America
                                                     Focused on developing our flagship
                   Strategically located along the   Silver Cloud project
                            Northern Nevada Rift

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Elite Team
     Mr. Deepak Malhotra,              Director      Mr. Gregory Schifrin,            Director and CEO     John Seaberg, Director
     and Chairman the President of Resource          has worked as a geologist and manager for over        Mr. Seaberg was most recently Senior Vice
     Development Inc., a diversified mining          35 years in the mining and mineral exploration        President, Strategic Relations for Klondex
     consulting services company in Colorado,        industry where he has been involved in precious       Mines, Ltd. from 2015 to 2018. Klondex, a
     USA. He has a wealth of knowledge and           metal high grade vein system, base metal, rare         junior-tier gold and silver mining company
     expertise in metallurgical research, process    earth and uranium exploration and development.        focused on exploration, development, and
     development for new properties, plant           Mr. Schifrin has provided technical services and      production in Nevada, USA, and Manitoba,
     troubleshooting, plant audits, detailed         project management on hundreds of projects for        Canada, was recently acquired by Hecla Mining
     engineering, and overall business               major and junior mining companies through his         Company. At Klondex, John was responsible
     management, developed while working on          consulting and service company. During his            for global investor relations and corporate
     over 50 gold projects throughout the world.     various tenures, Mr. Schifrin has been executive      development initiatives as an acting member
     During his career, Deepak has worked with       management and a board member of numerous             of the senior executive team. Prior to Klondex,
     various financial institutions, such as the     junior mining companies where he managed              he was employed for more than 10 years by
     International Finance Corporation (IFC) and     corporate finance, accounting, legal and regulatory   Newmont Mining Corporation, a Fortune 500
     other investment funds. He has been an          requirements, investors, personnel, exploration,      company based in Denver, Colorado and the
     independent Board member of TSX-listed          geologic evaluation, project development and          world’s second largest gold producer, where
     Canarc Resource Corp., since June 29, 2015.     infrastructure, project generation, and land          he last held the position of Vice President,
     He has a Ph.D. in Mineral Economics and is a    acquisition. Mr. Schifrin has a BSc in Geology        Investor Relations. John has an MBA from
     Metallurgical Engineer and Mineral Economist.   from the University of Idaho, College of Mines.       the University of Denver, Colorado.

     With over 120+ years of combined industry experience, BRC’s deep understanding
     of the industry helps structure sustainable operations while maximizing profitability.

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Elite Team
     Mr. Hendrik Van Alphen,                Director has over         Mr. Alan Carter, Director                                     Mr. Catalin Kilofliski,
     30 years of experience in the mining industry. During            President, Chief Executive Officer and Director               Director is the CEO of Locrian
     his career Mr. Van Alphen has been involved in raising over      of Cabral Gold                                                Resources. Catalin is a
     $1 billion in financing for various junior resource companies.   Dr. Carter has over 25 years of experience in the minerals    Professional economist with
     Mr. Van Alphen currently serves as CEO and Chairman of           exploration industry. He spent seven years working for        20 years of experience in
     Wealth Minerals Ltd. Mr. Van Alphen served as President of       Rio Tinto Corp. in South America and the United Kingdom,      business development, mergers
     Pacific Rim Mining Corp., a successful South American based      most recently as Exploration Manager in Bolivia. In 1996,     and acquisitions, corporate
     Resource Company. Mr. Van Alphen served as Vice President        he became President and CEO of Balaclava Mines and            finance, communications,
     of Corriente Resources Inc., from 1994 to 2001. Mr. Van          moved to Lima, Peru. Dr. Carter joined Billiton Plc in 1998   governance and sustainability
     Alphen served as the Chairman of International Tower Hill        and in 2000 moved from Lima to Vancouver. Following the       in Canada, US, Europe and Asia.
     Mines Ltd. from September 22, 2006 to November 17, 2011.         merger of Billiton with BHP, he assumed the role of           He has been instrumental in
     Held executive positions with Corriente Resources Inc. Is a      Manager, Business Development within the BHP Billiton         raising over CA$200 million in
     Director of Centenera Mining Corporation since May 15, 2015      Exploration Group and was the Chief Operating Officer         the joint venture, equity and debt
     and Blackrock Gold Corp. since August 29, 2016. Mr. Van          of Peregrine Diamonds Ltd. from mid-2004 to late 2006.        financings for mineral resource
     Alphen has been an Independent Director of Jagercor Energy       Dr. Carter was a co-founder of both Peregrine Metals Ltd.     projects since 2010.
     Corp. since December 8, 2015, Ethos Gold Corp. since             and Cuprum Resources Ltd., and is currently a director
     August 18, 2009, Wealth Minerals Ltd. since September 27,        of Peregrine Diamonds Ltd., Blackrock Gold Corp. and
     2004, Cardero Resource Corp. since April 19, 1999, Indico        Anfield Gold Ltd, and Chairman of Fremont Gold Inc.
     Resources Ltd. since April 30, 2012 until July 29, 2016. He      He has a B.Sc. degree in Geology from the University of
     served as a Director at Trevali Resources Corp. since March      Nottingham, U.K. and a Ph.D. degree in gold geochemistry
     9, 2007, Athlone Energy Ltd. since June 13, 2002 and Trevali     from the University of Southampton, U.K. Most recently,
     Mining Corporation since March 9, 2007. He served as a           Dr. Carter founded Magellan Minerals Inc. which listed
     Director of Balmoral Resources Ltd., from April 1, 2010 to       on the TSX Venture Exchange in early 2008 and was
     January 31, 2014.                                                acquired by Anfield Gold Corp. in May 2016.
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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Adjacent to Hecla mining companys’ Hollister
             Silver Cloud     and Midas Mines – sharing similar attributes.

                              High-grade, low sulphidation epithermal gold
    On trend for high-grade   & silver project

             mineralization   Limited drilling on Silver Cloud has yielded
                              results in excess of 4oz/tonne over 1.5m

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Location
      Strategically Located within in the North Nevada
      Rift Adjacent to the Hollister and Midas Mines

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Location
     • 552 lode mining claim block
       (11,210acres) claim block,

     • Located 8 km (5 miles) west of
       the Hollister mine of Hecla Mining
       which has a Measured and Indicated
       Resource of 0.43Mt @ 16.6g/t gold
       (for 208,000oz) and an Inferred
       resource of 0.18Mt @ 14.4g/t gold
       (for 74,000oz) and is expected to
       produce 30,000 – 35,000oz of gold
       in 20171.

     • Located 20 km (12.5 miles) from
       Midas Mine which has a Measured
       and Indicated Resource of 1.11Mt
        @ 12.9g/t gold (for 419,000oz) and
       an Inferred resource of 0.67Mt @
       10.4g/t gold (for 203,000oz) and
       is expected to produce 45,000 –
       50,000oz of gold in 20171.

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Mineralization – A Hollister Analog
     • Low-sulphidation epithermal Au-Ag banded vein deposits.

     • A limited drill program completed by Teck (10 holes) between 1999 and 2001 encountered
       1.5 m @ 145 g/t Au immediately below the Silver Cloud Mine area

     • In 2002 Placer-Dome drilled 12 m @ 5.53 g/t Au in the Northwest Canyon target area,
       confirming the presence of high grade gold mineralization at depth.

     • Neither of these intercepts were ever followed up.

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Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
Project hasn’t been systematically explored for
                         gold, and hasn’t seen any drilling in over a decade.
    Untapped Potential   Similar to Hollister and Midas, massive siliceous
                         hot springs deposits.

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High Grade Vein Potential
 Geophysical Section of Silver Cloud Targets                         • Note High Grade Vein targets      • Additional geophysical work
                                                                       Occur along Structure               and drilling to identify targets
                                                                                                           required.
                                                 Projection of the
                    SCP-15
                                                 Silver Cloud Mine
         12.2 m @ 5.6 g/t Au 53.6 g/t Ag                                     Looking North
                      Incl.
         1.5 m @ 12.6 g/t Au 86.0 g/t Ag
                                           SCT-6 1.5m                              Silver Cloud Structural Zone
     A                                     @ 145g/t Au
                                                                                  SCSZ
                                                                                                                                              A’

                       Volcanic
                        Rocks

                    Paleozoic Rocks
                      (Undrilled)                                                                                                   Unconformity

                                                                     High-Grade Vein Potential

                                                          Line 8855 Inverted CSAMT Resistivity Section
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Targets
     • High Grade
       Gold Bearing
       Veins – 2 to 5
       meters thick

     • Situated 200 to
       500 meters below
       the surface

     • Multi-
       million
       ounce
       potential

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Investors

                TSX-V   BRC

                 OTC    BKRRF

                 FSE    AHZ

       SHARES ISSUED    42,992,518
     WARRANTS ISSUED    9,405,000

     OPTIONS GRANTED    4,050,000

        FULLY DILUTED   56,447,518

12
2300 – 1177 West Hastings Street
Vancouver BC Canada V6E 2K3

604 638 3696
Greg Schifrin EXT 1428
Amit Kumar EXT 1429
info@blackrockgold.com

A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud
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